Ceramic Tiles Industry In India 2018

Ceramic tiles market size was more than usd 87 billion in 2017 and will witness 9 9 cagr during the forecast timespan.

Ceramic tiles industry in india 2018.

Indian ceramic industry is dominated by ceramic tiles industry with market of 4 9 bln eur in 2017. One of the most defining aspects of 2018 was the opposing fortunes of the two largest producer countries china and india. Dublin business wire the ceramic tiles market. On the one hand the nightmare year experienced by the chinese ceramic industry 11 production 5 6 exports 28 sales revenue.

Ceramic tiles market in india 2018 2023 in the construction sector ceramic tiles are considered as one of the key elements which are mainly used for covering roofs walls and floors of different buildings as they are highly durable provide protection from abrasion and require low maintenance. The expansion comes on the back of 1 6 times annual jump in fy18 projects under execution under the pmay u and 42 per cent yoy pre sales growth in fy18 of listed real estate firms. Among the different types of ceramic tiles wall tiles constitute 50 of the market share followed by floor tiles 23 vitrified tiles and industrial tiles. India was the second largest producer at 1 15.

Based on value the size of the ceramic tiles market in india was worth inr 250 bn in 2017 and is expected to reach inr 501 70 bn by the end of 2023 expanding at a compound annual. Get more details on this report request free sample pdf rapid growth in building construction industry in regions especially asia pacific and latin america shall drive ceramic tiles demand over the forecast timeframe. Based on value the size of the ceramic tiles market in india was worth inr 250 bn in 2017 and is expected to reach inr 501 70 bn by the end of 2023 expanding at a compound annual. In 2018 china was by far the leading ceramic tile manufacturer worldwide producing roughly 5 7 billion square meters of ceramic tile that year.

On the other the continued strong expansion of the indian tile industry which has seen. Overall ceramic industry expected to grow at 9 cagr to become 7 5 bln eur by 2022 ceramic industry segmentation market size bln eur characteristics india is 2nd largest ceramic tiles producer in the world accounting for. In the construction sector ceramic tiles are considered as one of the key elements which are mainly used for covering roofs walls and floors of different buildings as they are highly durable provide protection from abrasion and require low.